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COVID-19

How to Reduce Stress for Greater Retail Success

Managing your home improvement team’s stress levels during the COVID-19 pandemic is essential. When managers don’t understand the pressures and complexities their team members face as individuals and as hardworking members of the home improvement channel, they aren’t positioning their …

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Health Insurance During COVID-19

NRHA Health Insurance

As the U.S. faces an unprecedented public health crisis, independent retailers are seeking ways to better support their employees during COVID-19. Affordable group health insurance is a valuable asset for both employers and employees. The North American Retail Hardware Association …

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U.S. Housing Starts Climb 23% in July

u.s. housing starts

According to new data from the U.S. Commerce Department, housing starts increased 22.6 percent in July, the highest rate recorded in nearly four years. In total, seasonally adjusted housing starts in July were 1.5 million, up from June’s total of …

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Analyzing Big-Box Q2 Performance

big-box q2 2020

In the past month, Home Depot, Lowe’s and Tractor Supply have all announced their second-quarter 2020 financial results. For all companies, sales in this period coincided with massive disruptions caused by COVID-19. Even amid retail volatility, the second-quarter 2020 financial …

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Lowe’s Reports $27.3B in Q2 Sales

Lowe's

Home improvement chain Lowe’s achieved $27.3 billion in second-quarter 2020 sales, up 30 percent from the same period in 2019, the company reports. Lowe’s net earnings for the quarter were $2.8 billion, a 64 percent increase sales in the same …

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